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Kengen FY 2017
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wukan
#11 Posted : Wednesday, October 18, 2017 1:14:18 PM
Rank: Veteran

Joined: 11/13/2015
Posts: 1,654
Ebenyo wrote:
Wondergirl wrote:
Wondergirl wrote:
Ebenyo #304 Posted : Wednesday, August 30, 2017 2:32:45 PM
Quote
Rank: Veteran


Joined: 4/4/2016
Posts: 928
Location: Kitale
Wondergirl wrote:
@Sparkly,
Is it too late to border this bus?
I have some idle cash after disposing off one of my counters.Sad Pray



Full year results are due on october.Indications are the results will be nice and that dividend will be declared.You can jump in now and take advantage of the rally after results.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily

Sad Sad Sad Sad I feel like disposing them shares today, even if its at a loss...


I still stand by my comments.Dont sell them now.Instead use the situation to average down your ABP.The company didnt make a loss.It made a profit of 11 billion.They have not declared a dividend possibly because of campaigns.This is what may affect share price.Whats your current ABP? im sure you will still make capital gains here with a little further patience.PIC of south africa is still buying and that will definitely pull up the price.Buy more cheaply so that your ABP is down.and after these political issues in the country are out,you will gain.


If you examine the books keen it's likely that Kengen will be back in 2019-2020 for another rights issue even after a dividend drought. Never average losses you are better off looking for another stock that shows a profit and run with it. There are many companies in the market that will not bother you with rights issues and will pay you good dividend.
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chiaroscuro
#12 Posted : Wednesday, October 18, 2017 1:25:56 PM
Rank: Veteran

Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
Ebenyo wrote:
Ericsson wrote:
2017 versus 2016
Revenue at ksh.35.44bn versus 38.61bn
Operating profit at ksh.13.709bn versus 16.271bn
EBITDA at ksh.22.953bn versus 26.495bn
Profit before Tax at ksh.11.534bn versus 11.264bn
Profit after Tax at ksh.9.057bn versus 6.743bn

No dividend declared



No dividend? two years in a row! pesa imepelekwa kwa campaign.Glad i left but i hope kplc will give dividend.


Ngai!
Unajua kusoma income statement?

All the profit has been declared - 34% higher that 2016.

Hiyo ya campaign ni gani?

PS: do NOT expect dividend from KPLC either!
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iris
#13 Posted : Wednesday, October 18, 2017 1:41:58 PM
Rank: Member

Joined: 9/11/2014
Posts: 228
Location: Nairobi
chiaroscuro wrote:
Ebenyo wrote:
Ericsson wrote:
2017 versus 2016
Revenue at ksh.35.44bn versus 38.61bn
Operating profit at ksh.13.709bn versus 16.271bn
EBITDA at ksh.22.953bn versus 26.495bn
Profit before Tax at ksh.11.534bn versus 11.264bn
Profit after Tax at ksh.9.057bn versus 6.743bn

No dividend declared



No dividend? two years in a row! pesa imepelekwa kwa campaign.Glad i left but i hope kplc will give dividend.


Ngai!
Unajua kusoma income statement?

All the profit has been declared - 34% higher that 2016.

Hiyo ya campaign ni gani?

PS: do NOT expect dividend from KPLC either!


Seriously? Would that be in the statement?
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Ericsson
#14 Posted : Wednesday, October 18, 2017 2:13:05 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
[quote=Ericsson]2017 versus 2016
Revenue at ksh.35.44bn versus 38.61bn
Operating profit at ksh.13.709bn versus 16.271bn
EBITDA at ksh.22.953bn versus 26.495bn
Profit before Tax at ksh.11.534bn versus 11.264bn
Profit after Tax at ksh.9.057bn versus 6.743bn

No dividend declared

KenGen announced FY 17 results this morning, reporting an EPS of KES 1.37, up 27% y/y
EPS grew mainly on account of a lower effective tax ( 21% vs. 40% the year earlier) as well as reduced depreciation and amortization expenses (-10% yy)
Profit before tax grew a marginal 2% yy to KES 11.5bn
Electricity revenue was flat at KES 35.4bn due to reduced energy revenue following geothermal power evacuation constraints and hydro challenges over drought
Steam revenue declined 24% yy on account of lack of income from commercial drilling services
OpEx inflated 8% yy attributable to investment in capacity expansion.
Interest income more than doubled to KES 1.2bn following investment of funds from the Rights Issue
Finance costs rose 9% yy to KES 3.4bn
Profit after tax settled at KES 9.1bn (+34% yy).

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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sparkly
#15 Posted : Wednesday, October 18, 2017 2:23:31 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Wondergirl wrote:
Wondergirl wrote:
Ebenyo #304 Posted : Wednesday, August 30, 2017 2:32:45 PM
Quote
Rank: Veteran


Joined: 4/4/2016
Posts: 928
Location: Kitale
Wondergirl wrote:
@Sparkly,
Is it too late to border this bus?
I have some idle cash after disposing off one of my counters.Sad Pray



Full year results are due on october.Indications are the results will be nice and that dividend will be declared.You can jump in now and take advantage of the rally after results.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily

Sad Sad Sad Sad I feel like disposing them shares today, even if its at a loss...


You arethe kind of people that make the stock market profitable. Haya uuza.
Life is short. Live passionately.
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mlennyma
#16 Posted : Wednesday, October 18, 2017 2:46:50 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
sparkly wrote:
Wondergirl wrote:
Wondergirl wrote:
Ebenyo #304 Posted : Wednesday, August 30, 2017 2:32:45 PM
Quote
Rank: Veteran


Joined: 4/4/2016
Posts: 928
Location: Kitale
Wondergirl wrote:
@Sparkly,
Is it too late to border this bus?
I have some idle cash after disposing off one of my counters.Sad Pray



Full year results are due on october.Indications are the results will be nice and that dividend will be declared.You can jump in now and take advantage of the rally after results.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily

Sad Sad Sad Sad I feel like disposing them shares today, even if its at a loss...


You arethe kind of people that make the stock market profitable. Haya uuza.


Kengen were enticing shareholders with dividend when they wanted the rights cash,now they don't care ,nothing to chew for two years running
"Don't let the fear of losing be greater than the excitement of winning."
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kawi254
#17 Posted : Wednesday, October 18, 2017 2:50:37 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
mlennyma wrote:
sparkly wrote:
Wondergirl wrote:
Wondergirl wrote:
Ebenyo #304 Posted : Wednesday, August 30, 2017 2:32:45 PM
Quote
Rank: Veteran


Joined: 4/4/2016
Posts: 928
Location: Kitale
Wondergirl wrote:
@Sparkly,
Is it too late to border this bus?
I have some idle cash after disposing off one of my counters.Sad Pray



Full year results are due on october.Indications are the results will be nice and that dividend will be declared.You can jump in now and take advantage of the rally after results.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily

Sad Sad Sad Sad I feel like disposing them shares today, even if its at a loss...


You arethe kind of people that make the stock market profitable. Haya uuza.


Kengen were enticing shareholders with dividend when they wanted the rights cash,now they don't care ,nothing to chew for two years running



value trap is what this KenGen has become
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Muthawamunene
#18 Posted : Wednesday, October 18, 2017 3:12:21 PM
Rank: Member

Joined: 1/3/2011
Posts: 264
Location: Nairobi
Imbidi nimechukua my 5% profit na ku-abandon ship. It's been an eventful year though. Gentlemen, its been an honor trading with you.
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AndyC
#19 Posted : Wednesday, October 18, 2017 6:21:58 PM
Rank: Member

Joined: 4/21/2015
Posts: 151
wukan wrote:
Ebenyo wrote:
Wondergirl wrote:
Wondergirl wrote:
Ebenyo #304 Posted : Wednesday, August 30, 2017 2:32:45 PM
Quote
Rank: Veteran


Joined: 4/4/2016
Posts: 928
Location: Kitale
Wondergirl wrote:
@Sparkly,
Is it too late to border this bus?
I have some idle cash after disposing off one of my counters.Sad Pray



Full year results are due on october.Indications are the results will be nice and that dividend will be declared.You can jump in now and take advantage of the rally after results.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily

Sad Sad Sad Sad I feel like disposing them shares today, even if its at a loss...


I still stand by my comments.Dont sell them now.Instead use the situation to average down your ABP.The company didnt make a loss.It made a profit of 11 billion.They have not declared a dividend possibly because of campaigns.This is what may affect share price.Whats your current ABP? im sure you will still make capital gains here with a little further patience.PIC of south africa is still buying and that will definitely pull up the price.Buy more cheaply so that your ABP is down.and after these political issues in the country are out,you will gain.


If you examine the books keen it's likely that Kengen will be back in 2019-2020 for another rights issue even after a dividend drought. Never average losses you are better off looking for another stock that shows a profit and run with it. There are many companies in the market that will not bother you with rights issues and will pay you good dividend.

On the day Kengen disappoints, safcom pays a dividend earlier than expected. It's clear to me where to divest and invest.
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obiero
#20 Posted : Wednesday, October 18, 2017 6:57:23 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,217
Location: nairobi
Angelica _ann wrote:
Results being announced now, updates...

@pesanane always reliable, though the same was in the newspaper even before your post

KQ ABP 4.26
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